-The Business Standard FM allocates Rs 10,000 cr to implement the programme; this is apart from the usual food subsidy requirement of Rs 80,000 cr for the year The most ambitious Social Security programme of the government, the National Food Security Bill, got a leg-up in the 2013-14 Budget, with Finance Minister P Chidambaram allocating Rs 10,000 crore for implementing it. This allocation is over and above the usual food subsidy requirement of...
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Hope trumps realism-Paranjoy Guha Thakurta
-The Asian Age Sonia Gandhi’s economic and political ideology may have apparently triumphed over that of Manmohan Singh. The neo-liberal finance minister Palaniappan Chidambaram may be conveying an impression that he’s turned socialist with a vengeance by increasing taxes on the rich in the run-up to the 16th general elections. But the truth is that Mr Chidambaram has made certain assumptions about subsidies, inflation and the expected growth of gross domestic product...
More »Union Budget 2013: Food Bill a promise of the UPA government, says Chidambaram
-NDTV Finance Minister P. Chidambaram has earmarked Rs. 10,000 crore as incremental cost to implement the Food Security Bill, which he described as a promise of the UPA government. A centrepiece of the ruling government's campaign in 2009, the Bill was cleared last month by a parliamentary committee. The Bill says 75 per cent of the rural population and 50 per cent of the poor in urban India - about 800 million people...
More »India’s Aadhaar a step to ensure financial inclusion: FATF
-PTI Project will help strengthen anti-money laundering steps, combat terror financing, says inter-governmental body Paris: India’s Aadhar programme has been praised by the FATF here which said the initiative will not only ensure “financial inclusion” for its teeming population but also tighten anti-money laundering measures in the country. “If successfully implemented, it (Aadhar project) would be the first biometrically verified unique ID implemented on a national scale and would provide the ‘identity...
More »No solace in this quantum of accountability-Samir Saran and Abhijit Iyer-Mitra
-The Hindu On February 11, the Supreme Court issued notice to the government, seeking its response on making intelligence agencies accountable to Parliament. This question is pertinent and in some ways captures the sentiments expressed by many and best vocalised by two leaders in recent times. Vice-President Hamid Ansari had said in his 2010 speech on this subject “....responsibility to the legislature, and eventually to the electorate, is an essential element...
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